The Prestige Falcon City Chennai Cost Sheet is the most important piece of paper you need to look at if you are planning to buy a dream home in this massive 23-acre luxury residential community on the Medavakkam-Sholinganallur Road in South Chennai. A detailed cost sheet breaks down every single expense of your property purchase so that you do not face any unexpected or hidden costs later on.

As a real estate writer, you know that home buyers want clear, honest numbers. Let us look closely at the price structure, flat sizes, booking details, and extra costs that make up the total investment for this highly talked-about project.

1. Prestige Falcon City Chennai Cost Sheet Overview

This property is currently in its pre-launch stage. Buying a home right now is a smart move because early investors get special early-bird rates that are much lower than the final launch prices. Right now, the pre-launch base price is fixed at ₹13,000 per square foot (valid until December 15, 2026). After this date, the price is expected to jump up to ₹14,500 per square foot.

Flat Prices by Size and Layout

The township features 22 tall high-rise towers offering beautiful, Vaastu-compliant 2, 3, and 4 BHK homes. Here is a simple look at the starting agreement values based on the size of the flats:

2. Pre-Launch EOI (Expression of Interest) Details

If you want to secure the lowest possible price, you can submit an Expression of Interest (EOI) before the official bookings open. Giving an EOI token money ensures you get the early-bird pricing and gives you the first choice to pick the best towers, floors, and views.

The EOI token amounts are completely refundable if you change your mind, and they depend on the size of the flat you choose:

• 2 BHK: ₹3 Lakhs
• 3 BHK: ₹5 Lakhs
• 4 BHK: ₹8 Lakhs

3. Extra Charges and Payment Breakup

When you look at the cost sheet, keep in mind that the "Base Price" or "Agreement Value" is just the starting point. To plan your actual budget, you need to add a few standard extra charges that are listed at the bottom of the cost sheet:

• Floor Rise Charges: If you choose a flat above the 5th floor, you will pay a small extra fee per square foot. Higher floors give you better wind, less noise, and great views.
• PLC (Preferential Location Charges): Flats that face the beautiful central parks, the giant 70,000 sq. ft. clubhouse, or the main swimming pool come with a location premium.
• Government Taxes and Fees: GST (Goods and Services Tax), Stamp Duty, and Registration charges are mandatory government fees. You will need to pay these when the property is officially registered in your name.
• Infrastructure & Amenities Fees: This is a one-time fee for your reserved basement car parking space, electricity and water connections, and access to the 60+ luxury amenities.
• Advance Maintenance & Corpus Fund: Collected just before you move in, this money goes into a shared pool to take care of the building's cleaning, security, and repairs for the first few years.

4. Construction-Linked Payment Schedule

Prestige Group offers a highly flexible payment plan that spreads your expenses over the 4.5-year building timeline. Instead of paying all the money at once, you pay in small parts that are connected to real construction milestones:

• Booking Advance: You pay 10% of the total cost to officially book and block your flat.
• Agreement Signing: You pay 10% to 20% when you sign the formal sale agreement.
• Milestone Payments: You pay the next 70% in small bits (around 5% to 10% each) every time a specific goal is met—like when the foundation is laid, when your floor's roof slab is cast, or when the plastering is done.
• Final Handover: You pay the final remaining balance and registration fees when you get the keys to your home, which is targeted for late 2031.

5. Why This Cost Sheet is Worth Your Investment

Medavakkam is growing incredibly fast as a prime real estate area in South Chennai. Because this township has 80% open green spaces and sits right next to major IT hubs and the upcoming Red Metro Line, property prices here are bound to shoot up. Buying at the pre-launch price gives you a massive financial advantage and excellent value for your money.

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